THE DYNAMIC BOX PATTERN EXECUTION PLAN
Chart and Strategy Setup
• Chart Setup
o Open a 60 Minute Chart with no indicators
o This strategy is most consistent on Tuesday through Friday
▪ For EST – 3:00 PM – 11:00 PM Tuesday through Friday
▪ For Tokyo – 4:00 AM – 12:00 PM Wednesday through Friday
• Strategy Setup
o Analyze the time listed above and identify only the high and low
within the period
o At 10:30 PM EST draw a horizontal line at the high and low of the
hour
o Analyze the previous day’s action (London and American Session),
was it a strongly bullish or bearish day? This is important as it will
dictate which orders you need to place for the following day’s action
▪ A quick identifier
• Is this evenings range that you identified above higher
than yesterday’s range?
o Bullish
• Is this evenings range lower than yesterday’s range?
o Bearish
▪ Another identifier
• Are there large green bars (Bullish) or large red bars
(Bearish) in the previous session?
1
THE DYNAMIC BOX PATTERN EXECUTION PLAN
o If there is no clear direction and/or the previous session was
unchanged then there is no trade
o If there is a 45 pip or more difference between the high and low of
your box then there is no trade for that evening
Strategy Execution
Trade Setup
❑ Make sure to be at your computer at 10:45 PM EST
❑ Open a 60 minute chart on the EURUSD
❑ Identify the high and low between 3PM EST and 11PM EST
❑ Draw a box around price from the high to the low of this time frame
❑ If the box is at or greater than 45 pips then there is no trade for that
evening as volatility is already into the market
❑ If price action of the previous session was bullish then place a buy order at
the high line
❑ If price action of the previous session was bearish then place a sell order at
the low line
❑ Place your stop order at the mid-point of the box
❑ Place your target at 2 times your risk – Static
❑ You have the option of following your stop behind the market – Dynamic
• This is more discretionary
• Our recommendation is to track the large bars in the market and
follow your stop behind those bars
2
THE DYNAMIC BOX PATTERN EXECUTION PLAN
Ideal Dynamic Box Pattern Setups
3
THE DYNAMIC BOX PATTERN EXECUTION PLAN
Tips and Tricks
• This system works great in STRONGLY TRENDING markets. If the overall
market is choppy then don’t trade. Keep it simple
• At times it is beneficial to keep a triggered trade alive going into the next
session. Use your best judgement
• You have the option of trailing your stop behind the large price bars that
are working in your favor
• Please note however that you can be stopped out before your 2 to 1
target which will skew your Risk to Reward ratio
• You have the option to trade this more discretionary and manage the trade
if you have the time
• This can be beneficial at times since you can squeeze much more
than 2 to 1 out of these trades
• Test out this strategy on your own. Do your own back-tests so you
know what to expect.